TopBuild (BLD) is expected to provide new long-term financial targets and additional insights into its commercial roofing platform and commercial and industrial insulation opportunities at its Dec. 9 investor day in New York, RBC Capital Markets said in a note Wednesday.
Management will likely present a three-year sales growth outlook of roughly high-single-digit to 10% annual growth, implying about $1.3 billion to $1.4 billion of adjusted earnings before interest, taxes, depreciation and amortization in 2028, which would be in line with investor expectations, according to the note.
The report said it does not expect management to issue 2026 guidance at the event.
RBC kept its sector perform rating and $410 price target on the stock.
Shares of the company were up 1.4% in recent Wednesday trading.
Price: 453.38, Change: +6.30, Percent Change: +1.41
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